Aperio Group LLC Buys 720 Shares of Silicon Laboratories (SLAB)
Aperio Group LLC increased its stake in Silicon Laboratories (NASDAQ:SLAB) by 14.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 5,875 shares of the semiconductor company’s stock after buying an additional 720 shares during the quarter. Aperio Group LLC’s holdings in Silicon Laboratories were worth $519,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of SLAB. Advisors Asset Management Inc. boosted its stake in Silicon Laboratories by 75.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,292 shares of the semiconductor company’s stock valued at $103,000 after purchasing an additional 554 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Silicon Laboratories by 52.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,479 shares of the semiconductor company’s stock valued at $219,000 after purchasing an additional 856 shares during the last quarter. World Asset Management Inc purchased a new stake in Silicon Laboratories during the 3rd quarter valued at $216,000. OLD National Bancorp IN purchased a new stake in Silicon Laboratories during the 3rd quarter valued at $217,000. Finally, Dorsey & Whitney Trust CO LLC purchased a new stake in Silicon Laboratories during the 3rd quarter valued at $222,000. Institutional investors own 89.66% of the company’s stock.
In other news, SVP Brandon Tolany sold 9,060 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $91.47, for a total transaction of $828,718.20. Following the transaction, the senior vice president now directly owns 44,246 shares of the company’s stock, valued at approximately $4,047,181.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director William G. Bock sold 2,500 shares of the stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $91.91, for a total value of $229,775.00. Following the transaction, the director now directly owns 40,926 shares in the company, valued at $3,761,508.66. The disclosure for this sale can be found here. Insiders have sold a total of 34,926 shares of company stock worth $3,260,418 over the last three months. Insiders own 34.82% of the company’s stock.
Silicon Laboratories (NASDAQ SLAB) opened at $94.15 on Friday. The firm has a market capitalization of $4,120.00, a price-to-earnings ratio of 55.38, a PEG ratio of 2.43 and a beta of 1.38. The company has a debt-to-equity ratio of 0.36, a quick ratio of 5.39 and a current ratio of 5.84. Silicon Laboratories has a twelve month low of $66.35 and a twelve month high of $100.00.
Silicon Laboratories (NASDAQ:SLAB) last released its quarterly earnings results on Wednesday, January 31st. The semiconductor company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.07. The firm had revenue of $201.02 million for the quarter, compared to analysts’ expectations of $197.93 million. Silicon Laboratories had a return on equity of 11.11% and a net margin of 6.12%. The company’s revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 EPS. sell-side analysts predict that Silicon Laboratories will post 2.52 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION WARNING: This piece was first published by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another site, it was copied illegally and reposted in violation of international copyright law. The correct version of this piece can be viewed at https://www.watchlistnews.com/aperio-group-llc-buys-720-shares-of-silicon-laboratories-slab/1906177.html.
About Silicon Laboratories
Silicon Laboratories Inc is a provider of silicon, software and solutions for the Internet of Things (IoT), Internet infrastructure, industrial, consumer and automotive markets. The Company operates through mixed-signal analog intensive products segment. It provides analog-intensive, mixed-signal solutions for use in a range of electronic products in various applications for the IoT market.
Want to see what other hedge funds are holding SLAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Silicon Laboratories (NASDAQ:SLAB).
Receive News & Ratings for Silicon Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicon Laboratories and related companies with MarketBeat.com's FREE daily email newsletter.